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Tiger denies report that he's now billionaire

Forbes estimates golfer has become first athlete to reach rich figure

Woods Career Earnings GolfAP
Tiger Woods smiles after receiving a check and trophy for winning the Las Vegas Invitational on Oct. 6, 1996. It was Woods' first career victory as a professional. Forbes says Woods has become the first athlete to surpass $1 billion in career earnings.

Tiger Woods denies he's a billionaire, as reported by Forbes, says Golf.com.

At a President's Cup news conference Tuesday, a reporter asked Woods: "This last week, it was announced you hit the billionaire status. What's that like to learn?"

Woods responded: [Laughs] "Well, one, I haven't, so I don't know where that number came from."

Forbes admits that its figures are not exact. They are based on estimates of total endorsements, tournament winnings, appearance fees and Woods' golf-course design business.

Says Forbes: As for Woods, only his accountant knows if Tiger is a billionaire athlete yet, but if it did not happen on Sunday [after his $10 million FedEx Cup win] it is likely only a matter of months or his next check from Nike.

Golf.com points out that Woods is certain to be the first billionaire athlete. We just won't know when it will happen.

© 2012 Sporting News

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